Macy's, Inc. (M) Return on equity 2016–2025
Macy's, Inc. (M) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.2%FY2025 · since FY2016: 14.5% → 13.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.2% | +0.4 pp |
| FY2024 | 12.8% | +11.7 pp |
| FY2023 | 1.1% | -27.3 pp |
| FY2022 | 28.4% | -10.8 pp |
| FY2021 | 39.2% | +193.7 pp |
| FY2020 | -154.5% | -163.3 pp |
| FY2019 | 8.8% | -8.4 pp |
| FY2018 | 17.2% | -10.0 pp |
| FY2017 | 27.3% | +12.8 pp |
| FY2016 | 14.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice